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Record the adjusting entries in the general journal and post them to the ledger accounts and include narrations and dates. Then prepare the adjusted trial
Record the adjusting entries in the general journal and post them to the ledger accounts and include narrations and dates. Then prepare the adjusted trial balance.
- On August 2, Paid $2200 cash for August salon rent.
- On August 4, Incurred $380 of advertising costs due in 20 days
- On August 5, Purchased salon equipment for $120
- On August 7, Paid for supplies (shampoos, creams, and gels) $350
- On August 8, received $280 for selling gels
- On August 12, paid $180 water bill
- On August 12, paid $160 for electricity bill
- On August 14, incurred $1050 for the businesss bank loan due in 14 days
- On August 16, purchased a new chair set up for $400
- On August 17, paid the amount due for the influencer $380 for advertising
- On August 19, paid $90 for my internet bill
- On August 21, received for $200 selling of shampoos
- On August 23, paid $110 for insurance
- On August 24, cleaner $110
- On August 27, paid $1050 for the businesss bank loan
- On August 28, gas bills $35
- On August 30, extra salary cost to a new trainee $400
- On August 30, purchased a new tv screen $600
- On August 30, paid $6000 in salaries for the month of August.
- On August 30, received $14000 from haircuts services during the month of August. And $500 of selling gels, creams, and shampoos
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